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IMO patents should have mandatory FRAND (Fair, Reasonable, And Non-Discriminatory) licensing. With higher (2x?) license fees allowed if a working prototype has
by SAI_Peregrinus 5y ago
IMO patents should have mandatory FRAND (Fair, Reasonable, And Non-Discriminatory) licensing. With higher (2x?) license fees allowed if a working prototype has been submitted to the patent office instead of just a design.
Incentivize new inventions, but keep profits fair. Incentivize working designs over on-paper ideas. Promote the progress of useful inventions over rent-seeking.